But you mentioned a broker which are you using right now isn't UK regulated . But why ?Originally Posted by ;
But you mentioned a broker which are you using right now isn't UK regulated . But why ?Originally Posted by ;
My advice is to try to find a large UK based broker, anything else is IRRELEVANT.
I wasted time in this useless search for the most straightforward ECN broker.
I also wasted time studying fake reviews.
I understood that being with a market maker with NBP is actually better.
I really don't want to risk over my deposit.
But you just get negative balance when you leverage, especially once you get a massive weekend gap that's against your own position. Ouch.
Hi
In my Opinion ECN accounts Are better that allows you to get spreads directly from the Liquidity Providers and brokers those who provide the Actual ECN Account are no Market Makers and would provide Spreads directly from the Liquidity Providers
In my View Market Makers Search their Interest in you losses longer you shed is that there Profit.
And Sticking to Regulation ,
Brokers seek law for a means to boost banking security for customers.But , Regulated Brokers Restrict many trading fashions such as hedging, scalping, news trading etc..
The easiest way to find yourself a good broker is by testing it on demo and just after you're fulfilled go for genuine. The first step should be reading reviews and finding out whether there are no major problems with the corporation. Although, it is impossible to get a 100% blank broker, as not everyone can be happy, thus we have to take some disadvantages. And shortlist some to test it out on demo account to find out the ideal.
A different way to find a fantastic broker is to ask for recommendations from high influence traders here in nigeriaforextrading. I'm sure they've already tested a lot of brokers and already discovered the most reliable.
UK Broker under the FCA law provide best protection.
Dont get hung up on if ECN or not
OZ brokers also have great defense. Worth considering in the Event That You trade alot of Asia orientated fx (better spreads outside of majors, esp SGD (outside of USD SGD)
Hi
I am searching for a broker'liquidity provider buying VEF (bolivar fuerte). Any hints? Thank you
HI,
Within my remarks when it comes to choosing a broker You should decide on a pristine ECN Broker who Supply you Deepest Liquidity and tightest spread that to variable spreads, these brokers are reputable since they do not find their pursuits in the traders reduction or Profits . They're just concern with the commission they charge as per trade quantity.